This book presents several original theories for risk, including
Theory of Risk Monitoring, and Theory of Risk Acceptance, in
addition to several analytical models for computing relative and
absolute risk. The book discusses risk limit, states of risk, and
the emerging concept of risk monitoring. The interrelationships
between risk and resilience are also highlighted in an objective
manner. The book includes several practical case studies showing
how risk management and its components can be used to enhance
performance of infrastructures at reasonable costs.
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